Paris, France, April 20, 2023 – BICICI embarked on a journey of modernization and digitization by selecting Capital Banking Solutions’ comprehensive and integrated Core Banking suite, CapitalBanker™, for its banking information system.
As a significant contributor to the economic and social development of the Ivory Coast and formerly a subsidiary of BNP Paribas, BICICI has chosen the Core Banking suite from Capital Banking Solutions, a provider and integrator of innovative banking solutions tailored to international banks of all types.
After searching for a solution that is suited to its needs and challenges, and after reflecting on the digitalization of its information system, BICICI has made the strategic decision to deploy the complete suite of solutions from Capital Banking Solutions to support its growth and ensure operational continuity after separating from the BNP Paribas Group.
By leveraging, our support, agility, flexibility, and expertise, BICICI will benefit from a fully configurable, digital, and multi-device suite, providing an omnichannel experience that ensures flawless compliance, through CapitalDigital™ and CapitalCompliance™.
Additionally, BICICI will have a reporting tool through our Data Visualization solution BanksAnalytics to analyze, among other things, the profitability of their clients and employees, etc.
Customers will be provided with access to chatbots via WhatsappBanking. They will also benefit from scoring capabilities and a customizable workflow for different credit types, along with efficient loan processing and execution for both retail and corporate clients through CapitalLending™. Furthermore, BICICI will have the ability to manage issued and received Swift messages through the SwiftManager™ solution.
«We would like to thank the BICICI group for choosing to collaborate with Capital Banking Solutions and for placing their trust in our teams and our comprehensive solutions to address their challenges and meet their needs. We are proud and excited to deploy our core banking system to ensure a seamless digitization of their information system to exceed customer expectations,» stated Mr. Alain Klat, Head of Sales and Marketing Worldwide.
About BICICI:
The Banque Internationale pour le Commerce et l’Industrie de la Côte d’Ivoire (BICICI), formerly a subsidiary of the BNP Paribas Group, is a publicly traded company headquartered in Abidjan. For over 60 years, BICICI has been a major player in the economic and social development of the country.
With a network of over 40 branches across the country’s major cities, BICICI continues to strive as the leading bank in the Ivory coast.
On September 30, 2023, an Ivorian consortium made up of the BNI, CNPS and CGRAE signed in Paris the deeds of acquisition of the stakes of BNP Paribas and Proparco in BICICI.
BNP Paribas and Proparco respectively sold 59.79% and 7.70% of the institution’s capital to the Ivorian consortium, which thus assumes 67.49% of the capital.
The BNI and the BICICI are two leading institutions in the banking industry of the Ivory Coast, that mutually benefit from their experiences acquired in different environments.
The BNI has become the reference shareholder of BICICI, claiming a position in the top 5 of the Ivorian banking market. This consortium is comprised of the three largest public institutional investors in the Ivory Coast.
About Capital Banking Solutions:
Capital Banking Solutions has over 25 years of banking expertise in bringing innovative, comprehensive solutions which cater to the changing needs of modern financial institutions.
Through our years of experience & expertise, coupled with the contributions of our dedicated R&D department, we have successfully developed and introduced a wide range of innovative products designed to address the needs and challenges of our 200 client banks and financial institutions.
As a reference across various sectors such as universal banks, retail banks, corporate banks, private banks, Islamic banks, as well as microfinance, neo-banks, family offices and brokerage companies, we offer open-architecture, scalable software that can be implemented in the cloud or on-premises.
Capital Banking Solutions relies on a team of 300 experts located in France, Switzerland, Lebanon, USA, and the Ivory Coast, to provide seamless support and foster proximity to our clients.
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